General Motors Stock Today
GM Stock | USD 32.36 0.76 2.41% |
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GM is selling at 32.36 as of the 4th of December 2023; that is 2.41 percent increase since the beginning of the trading day. The stock's lowest day price was 31.52. GM has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for General Motors are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2023 and ending today, the 4th of December 2023. Please note, there could be an existing legal relationship between General Motors (GM) and GM.WSC. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 18th of November 2010 | Category Consumer Cyclical | Classification Consumer Discretionary |
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan. The company has 1.37 B outstanding shares of which 32.34 M shares are currently sold short in the market by investors with about 1.7 days to cover all shorted shares. More on General Motors
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Follow Valuation Options Odds of Bankruptcy
Fiscal Quarter End 31st of December 2023
GM Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GM's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GM or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, GM's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to GM's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
Related Entity | GM.WSC | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CEO | Daniel Ammann | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | Showing 3 out of 5 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SEC Filings | GM Security & Exchange Commission EDGAR Reports | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | General Motors Co. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Automobile Manufacturers, Automobiles & Components, Consumer Discretionary, NYSE Composite, Hedge Favorites, Automobiles and Trucks, Driverless Cars, Dividend Beast, Momentum (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering GM report their recommendations after researching GM's financial statements, talking to executives and customers, or listening in on GM's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering General Motors. The GM consensus assessment is calculated by taking the average forecast from all of the analysts covering GM. Buy17 Opinions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Piotroski F Score Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of General Motors based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of General Motors financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks. StrongDetails
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Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of GM's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details BuyUndervalued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength GM's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GM's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. GM's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of GM's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GM's financial leverage. It provides some insight into what part of GM's total assets is financed by creditors.
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General Motors (GM) is traded on New York Stock Exchange in USA. It is located in 300 Renaissance Center, Detroit, MI, United States, 48265-3000 and employs 167,000 people. GM is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 44.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GM's market, we take the total number of its shares issued and multiply it by GM's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. General Motors is active under Automobiles sector as part of Consumer Discretionary industry. The entity has 1.37 B outstanding shares of which 32.34 M shares are currently sold short in the market by investors with about 1.7 days to cover all shorted shares.
General Motors reports about 19.15 B in cash with 16.04 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.45.
Check GM Probability Of Bankruptcy
OwnershipGM secures a total of 1.37 Billion outstanding shares. The majority of General Motors outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in GM to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in General Motors. Please pay attention to any change in the institutional holdings of General Motors as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Ownership Allocation
Check GM Ownership DetailsGM Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of GM jumping above the current price in 90 days from now is about 19.8%. The General Motors probability density function shows the probability of GM stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.6314. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GM will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. General Motors is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of GM to move above the current price in 90 days from now is about 19.8 (This General Motors probability density function shows the probability of GM Stock to fall within a particular range of prices over 90 days) .
GM Historical Income Statement
General Motors Income Statement is one of the three primary financial statements used for reporting GM's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of General Motors revenue and expense. GM Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, GM's Direct Expenses is very stable as compared to the past year. As of the 4th of December 2023, Net Loss Income from Discontinued Operations is likely to grow to about 82.6 M, while Cost of Revenue is likely to drop about 125.3 B. View More FundamentalsGM Stock Against Markets
Picking the right benchmark for GM stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GM stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GM is critical whether you are bullish or bearish towards General Motors at a given time. Please also check how GM's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in GM without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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GM Corporate Directors
GM corporate directors refer to members of a GM board of directors. The board of directors generally takes responsibility for the GM's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of GM's board members must vote for the resolution. The GM board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Thomas Schoewe | Independent Director | Profile | |
Judith Miscik | Independent Director | Profile | |
Jane Mendillo | Independent Director | Profile | |
Michael Mullen | Independent Director | Profile |
How to buy GM Stock?
Before investing in GM, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GM. To buy GM stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of GM. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase GM stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located General Motors stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased General Motors stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as General Motors, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GM Stock please use our How to Invest in GM guide.
Already Invested in General Motors?
The danger of trading General Motors is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GM is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GM. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile General Motors is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether General Motors is a strong investment it is important to analyze GM's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GM's future performance. For an informed investment choice regarding GM Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for GM Stock analysis
When running GM's price analysis, check to measure GM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GM is operating at the current time. Most of GM's value examination focuses on studying past and present price action to predict the probability of GM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GM's price. Additionally, you may evaluate how the addition of GM to your portfolios can decrease your overall portfolio volatility.
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Is GM's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GM. If investors know GM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.022) | Dividend Share 0.36 | Earnings Share 7.12 | Revenue Per Share 123.565 | Quarterly Revenue Growth 0.054 |
The market value of General Motors is measured differently than its book value, which is the value of GM that is recorded on the company's balance sheet. Investors also form their own opinion of GM's value that differs from its market value or its book value, called intrinsic value, which is GM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GM's market value can be influenced by many factors that don't directly affect GM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.